U.S. sues UBS, alleges crisis-era mortgage securities fraud
The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG , Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-09 global financial crisis......»»
Mortgage-securities-fraud schemers were told to ‘put on their big-boy pants’ by boss
Three arrests were made Wednesday for a hedge fund that allegedly inflated the value of the mortgage-backed securities they held by as much as $200 million......»»
Royal Bank of Scotland tentatively settles US claims
Royal Bank of Scotland says it has tentatively agreed to pay $4.9 billion to settle U.S. Department of Justice claims that it misled investors over the sale of mortgage-backed securities before the 2008 financial crisis......»»
Market Extra: RBS rallies after $4.9 billion deal to settle with Department of Justice
RBS will pay $4.9 billion in a settlement with the U.S. Department of Justice over its role in the misselling of toxic mortgage-backed securities in the run-up to the financial crisis......»»
New York top court narrows Martin Act in $11 billion Credit Suisse case
NEW YORK (Reuters) - New York's highest court on Tuesday curbed the state attorney general's ability to fight fraud on Wall Street, awarding a victory to Credit Suisse Group AG as it tries to end an $11 billion lawsuit over risky mortgage securities......»»
Va. AG Herring sues Purdue Pharma, maker of Oxycontin, blaming it for opioid crisis
Lawsuit alleges company lied about dangers, creating the “deadliest drug epidemic in American history.â€.....»»
Royal Bank of Scotland pays $4.9 billion for crisis-era misconduct
Royal Bank of Scotland will pay $4.9 billion to settle U.S. claims that it misled investors on residential mortgage-backed securities between 2005 and 2008, the U.S. Justice Department said on Tuesday......»»
Commercial Real Estate Paying The Lowest Return Since Before The Housing Crisis
Investors taking on more risk in US commercial real estate are now receiving the lowest return since the housing crisis. The premium spread for buying BBB- tranches of commercial mortgage backed securities versus AAA is the lowe.....»»
Citron"s Andrew Left sues Tesla for securities fraud, Reuters reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Then And Now: Mortgage-Backed Securities Post-Financial Crisis
Then And Now: Mortgage-Backed Securities Post-Financial Crisis.....»»
SEC sues Elon Musk for securities fraud, seeks to bar CEO from running a public company
The U.S. Securities and Exchange Commission has sued Elon Musk, alleging the Tesla CEO committed fraud. The lawsuit was filed in the U.S. District Court in Manhattan Thursday, according to Bloomberg. Tesla shares sank more than 10 percent in after-h.....»»
SEC sues Elon Musk for securities fraud, seeks to bar CEO from running a public company
The U.S. Securities and Exchange Commission has sued Elon Musk, alleging the Tesla CEO committed fraud. The lawsuit was filed in the U.S. District Court in Manhattan Thursday, according to Bloomberg. Tesla shares sank more than 10 percent in after-h.....»»
SEC Sues Musk For Fraud, Seeks Removal from Tesla
Securities regulators sued Elon Musk for fraud and seeks to remove him from Tesla Inc......»»
SEC Sues Musk For Fraud, Seeks Exit From Tesla
Securities regulators sued Elon Musk for fraud and sought to remove him from Tesla Inc., raising doubts about the future of an electric-car maker synonymous with the audacious entrepreneur......»»
SEC sues Elon Musk for securities fraud over tweets
U.S. securities reg.....»»
SEC Sues Musk for Fraud, Seeks Exit From Tesla
Securities regulators sued Elon Musk for fraud and sought to remove him from Tesla, raising doubts about the future of an electric-car maker synonymous with the audacious entrepreneur......»»
SEC sues Musk for fraud, seek to remove him from Tesla
The U.S. Securities and Exchange Commis.....»»
U.S. regulator sues Musk for fraud, seeks to remove him from Tesla
The U.S. Securities and Exchange Commis.....»»
SEC sues Elon Musk for securities fraud
The U.S. Securities and Exchange Commission has sued Elon Musk, alleging the Tesla CEO committed fraud. The lawsuit was filed in the U.S. District Court in Manhattan Thursday, according to Bloomberg. Tesla shares sank more than 10 percent in after-h.....»»
Tesla Plunges as SEC Sues Elon Musk for Securities Fraud
Charges focus on Musk's tweets that he had secured funding to take the company privateRelated Stocks: TSLA,.....»»